Supra Pacific Management Consultancy Limited announced a private placement of 7,732,500 common shares at a price of INR 20 per share for gross proceeds of INR 154,650,000 on August 24, 2023. The shares will be issued on preferential basis. The transaction has been approved by the board of directors of the company.

The transaction is subject to the approval of the members of the company and such regulatory/ statutory authorities as may be applicable.